Shenzhen O-film Tech Co. (002456.SZ) announced on Sunday that it would set up a property insurance company jointly with seven companies, with registered capitals at 1 billion yuan. The seven companies include SinvoGroup, LeTV (300104.SZ), Shenzhen Clou Electronics Co., Ltd (002121.SZ), Shanghai Shimao Co., Ltd. (600823.SH), Seniorlife Group, and Jiminkexin.
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